šŸŽ™ļø International Bestseller

[4 minutes to read] Plus: The economics of books

Weekend edition

šŸ“š The great American author Stephen King rejected himself.

King had written his first story, ā€˜Carrie,ā€™ but threw it in the trash because he felt it was inadequate.

The next day, his wife pulled the story draft out of the trash ā€” she wanted him to stick with it. So he finished the book, and although over 30 publishers rejected it, he eventually got it published, paving the way for a brilliant career. Heā€™s now worth over $500 million.

Today, we'll discuss the economics behind top-selling books (including Kingā€™s) in just 4 minutes to read.

(Housekeeping note: U.S. markets are closed Monday for Presidentsā€™ Day, so weā€™ll be back in your inbox on Tuesday.)

ā€” Matthew

Quote of the Day

"The best way to measure your investing success is not by whether youā€™re beating the market but whether youā€™ve put in place a financial plan and a behavioral discipline that are likely to get you where you want to go."

ā€” Benjamin Graham

Together With 10 East

Where Executives & Founders of Leading Investment Firms Access Private Markets

10 East is led by Michael Leffell, former Deputy Executive Managing Member of Davidson Kempner, where he co-led their Distressed Securities investment strategy for 20 years.  

10 East leverages Mr. Leffell's experience to provide co-investment access to qualified individuals across a variety of private market strategies, where they can invest at their discretion. 

Join members from leading firms who have unlocked access to funds and direct investments across private equity, private credit, venture capital, and real estate.  

Qualified readers of We Study Markets can join with complimentary access below: 

What Else Weā€™re Into

šŸ“ŗ WATCH: Uncovering facts, secrets, and stories from the space station

šŸŽ§ LISTEN: Unpacking the secrets of the worldā€™s greatest investors

šŸ“– READ: Picking a career that actually fits you, from Tim Urban

Subscribe (for free) to keep reading!

This content is free, but to read the rest of this newsletter, you must be subscribed to We Study Markets.

Already a subscriber?Sign In.Not now